Monthly M&A Insider - Mergermarket

Expected deals
Pipeline of Nordic expected deals
Situation Target
company
Potential
takeover target
Bang &
Olufsen
Expected deal Det Norske
Oljeselskap
Expected deal King Oscar
(Rieber &
Son canned
seafood
subsidiary)
Sector Potential Bidder
company
Financial adviser to
target (T); seller (S)
Seller
company
Market
cap/ est.
value (€m)
Comments
Nordic
Consumer Undisclosed bidder 487 Bang & Olufsen said it is planning a
share issue with preferential subscription
rights, and has become the subject of
speculation that it could be a target for a
private equity buyout.
Energy,
Mining &
Utilities
Norwegian Energy
Company ASA
Consumer Rieber & Son
(shareholders)
Pareto (B) 279 Norwegian Energy Company will pursue a
merger with its peer Det Norske despite
the early knock back.
Det Norske Oljeselskap has recently
rejected a merger proposal lodged by
NORECO claiming it was too early for its
newly established board to consider such
a deal. Diderik Schnitler, the chairman
of DNO, said it would be a few months
before the company is ready to consider
its strategic options, which are to agree
a deal with Noreco or other parties or to
grow organically.
Rieber & Son 12 Rieber & Son will ask the AGM to approve
a demerger of the company's canned
seafood subsidiary, King Oscar.
Source: mergermarket
Monthly M&A Report – 176